MultiBank- The Globe’s Top Online Financial Derivatives Provider

MultiBank is a world-renowned financial derivatives provider that offers its clients unparalleled opportunities in the markets.

With nearly two decades of experience, MultiBank has cemented its reputation as the go-to destination for investors and traders around the globe. In this review, we’ll take a closer look at MultiBank, explore some of its key features, and outline the core reasons for making them our number 1 broker.

What is MultiBank?

In 2005, the MultiBank Group was formed in California, USA. Since their creation, they have successfully established a renowned reputation in the world of trading and brokerage.

As one of the globe’s most significant financial derivatives providers, MultiBank have a current paid-up capital of over $322 million and offers payment solutions to over 320,000 customers from 90 countries worldwide.

What MultiBank Offers Their Clients

MultiBank’s extensive range of services is one reason we believe they stand out as a broker.

With MultiBank, you can trade CFDs on over 2,000 assets including Forex, indices, commodities, and stocks. You can benefit from their tight spreads and expert analysis to help you make informed investment decisions.

And with their incredible customer service, you’ll always have someone there to help guide you through your trading journey.

Why MultiBank Stands Apart

There are multiple reasons why MultiBank distinguishes itself in the brokerage industry. Here, we’ll go into a more detailed overview of MultiBank’s features and how they can make a difference in your trading and investment strategies.

Worldwide Presence

MultiBank is a global financial services provider with branches in various regions of the world. They collaborate with partners from their 20+ offices spread throughout the world’s major financial areas to serve an international clientele.

Instant execution

They also offer instant and secure nano-second execution, which is essential for high-frequency traders. When using MultiBank, traders can open and close positions in seconds – with zero fees. What’s more, there are no rejections, requotes, or restrictions on Expert Advisors (EAs).

Innovative trading platforms

MultiBank has invested a lot of time and resources into developing innovative and user-friendly trading platforms that serve the needs of all kinds of investors.

Their MT4 and MT5 platforms are some of the best in the industry and offer a wide range of features and tools for all levels of traders.

24 Hour Withdrawals

Another excellent feature of MultiBank is its withdrawal system. Funds can be taken out within 24 hours, making it a simple and accessible process for you when you invest with MultiBank.

MultiBank Awards

MultiBank Group has received well-deserved praise from the global financial sector for its efforts in offering high-quality service as a broker.

They have proved their superiority and excellence in the industry by consistently winning many sought-after awards. These include the distinguished Best Global Broker award in 2022 and the Most Trusted Global Broker in 2021.

Exclusive Benefits of using MultiBank

Full ECN Model

MultiBank follow a pure Non-Dealing Desk ECN trading structure, meaning that there is no conflict of interest between the broker and its clients. You’ll also be able to profit from the best USD/EUR spreads on Gold, with starting spreads of 7 cents and 0.0 pips.

Segregated client accounts

As a MiFID II compliant company, MultiBank holds all client money in segregated accounts with top-tier banks. This protects your funds in the event of any insolvency on MultiBank’s part and ensures that your money is never used for other purposes.

Highest Leverage Levels

Multi-Bank is one of the most aggressive firms in the world when it comes to leverage, offering traders up to 500:1 so that they can potentially make large profits from small movements in the market.

Superior IB Programmes

They have one of the best IB programmes available in the brokerage industry, with a structure that allows introducing brokers to benefit from fully automated withdrawals.

Through the Introducing Brokers Program, MultiBank works with experts and partners to provide them with commission and rebate schemes that can’t be found elsewhere in the market.

Innovation with MultiBank

As well as offering trading services in the traditional space, MultiBank is also a leader in the development of innovative new products.

In 2021, they launched their new MultiBank Exchange, which is a game-changer in the world of online trading. The Exchange is a one-stop shop for all your trading needs, offering a huge range of products and services that are designed to make your life as a trader easier.

They have also set up MEX Pay, an electronic money firm that offers both personal and commercial online banking services, allowing clients to make transactions in both fiat currencies and cryptocurrencies.

MultiBank’s Safety and Security

Regulation

MultiBank is one of the most heavily regulated online CFD brokers worldwide, with 11 financial authorities regulating them across five continents. When trading with them, you can rest confident that your money is always secure, ensuring investor protection.

Negative Balance Protection

To protect you from incurring heavy losses, MultiBank offers negative balance protection on all live accounts. This ensures that your account balance will never go below zero, no matter how volatile the markets are.

Indemnity Insurance

All MEX Atlantic customers are covered by a Lloyd’s of London insurance policy that guarantees and protects their funds up to $1 million per account. MultiBank also offers additional insurance from Lloyd’s of London to ensure the greatest levels of security for clients’ money.

How To Open a Live Account with MultiBank

Here’s a simple guide on setting up a live account with MultiBank:

1. Go to the MultiBank website and click on the “live account” button.
2. Fill in your personal details, including your full name, date of birth, email address and phone number.
3. Choose your account type. There are 3 to choose from Standard, ECN and Pro.
4. Select your account currency. You can choose from USD, EUR, GBP, AUD and CAD.
5. Choose your leverage level. The maximum is 500:1.
6. Set up your deposit amount.
7. Read and agree to the terms and conditions.
8. Click “open account.”

You will then be asked to upload some documents to verify your identity and address. Once your account has been approved, you can make a deposit and start trading.

Key Takeaways

MultiBank is a broker that should be on your radar if you’re looking for a reliable and innovative company to trade with. They provide their customers with the most secure funds in the online CFD trading market, making them one of the safest options available.

They have a huge range of products and services that are designed to meet the needs of all kinds of traders, and their commitment to innovation means that they’re always ahead of the curve. With over US$ 5+ trillion in turnover, they are well-equipped to handle your trading needs.

If you’re looking for a broker that can offer you everything you need to succeed in the world of online trading, MultiBank is the obvious choice. Start trading with them today to benefit from their experience and expertise.